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HP (Hewlett-Packard), one of the most recognizable names in the tech industry, is among the large corporations that managed to avoid paying federal income taxes in tax year 2025, despite earning billions in profits. In its most recent fiscal year, HP reported substantial profits but, like several other major companies, paid zero federal income tax. This practice is part of a broader trend where large, profitable corporations utilize tax loopholes, deductions, and credits to minimize or eliminate their tax liabilities. The company has benefited from the Trump-era tax cuts that significantly reduced corporate tax rates and provided more opportunities for tax avoidance. While companies like HP argue that they are adhering to the tax code, critics contend that such practices shift the tax burden to smaller businesses and individual taxpayers, raising concerns about fairness in the U.S. tax system.
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